Substantial six-figure investment from Finance Wales provides the right environment for Total Flood Solutions expansion
A Llanelli-based company which designs, manufactures and
maintains flood protection systems throughout the UK is continuing
to expand thanks to a substantial six-figure investment from
Total Flood Solutions (TFS), which is market
leader in commercial and domestic flood protection solutions,
supplies many of the UK’s major utilities companies. Its
solutions also protect critical infrastructure for National Grid,
Ofgem and Ofwat.
Managing Director, Neil McDermid and Technical
Director, Ron Whitehead established TFS in 2007. Since
receiving the investment McDermid and Whitehead have recruited an
additional 10 staff to meet increased demand, boosting the
company’s total workforce to 130 staff.
Finance Wales’ investment will fund TFS’s
long-term expansion through a mixture of organic growth and the
acquisition of Yorkshire-based flood barrier, blast/fire and
security door specialist, Defence Doors Ltd whose product range
complements the bespoke service offered by TFS.
“Total Flood Solutions is already a leading
supplier of commercial and domestic flood protection systems in the
UK. We work with numerous major insurers and we’ve also made
significant in-roads in the utilities sector. We have a skilled
workforce and already offer a full range of services from risk
assessment and consultancy through to design, manufacture and
“Effective protection against environmental and
other hazards is increasingly challenging for many organisations
which will have to comply with legally binding targets by
2023. With the backing of this funding package we now offer a
more comprehensive range of products and services from two UK
locations and can provide our customers with bespoke solutions
specifically tailored to their operational needs,” McDermid
Many of TFS’s solutions are protecting clients
from flooding and the company is experiencing a significant
increase in enquiries in the aftermath of the recent flooding in
parts of the UK.
The acquisition has expanded TFS’s product range
and also opened up new opportunities in a variety of key sectors,
including the custodial, defence and petrochemical sectors. It is
also building on Defence Doors’ established export channels in 23
countries around the world.
TFS also plans to streamline its design and
production processes to reduce its manufacturing costs.
Alun Thomas, Senior Investment Executive at
Finance Wales said: “Total Flood Solutions has built up significant
experience and expertise in providing sophisticated bespoke flood
protection systems since Neil and Ron set it up seven years
ago. Today the company has an excellent reputation and is
well placed to increase its share of the growing environmental
protection market. They also plan to diversify into
complementary and lucrative new markets.
“The environmental protection market continues
to grow thanks to a range of factors, including the introduction of
new legislation. This funding package will underpin Total
Flood Solutions’ strategic growth plans and provide the company
with the financial backing to it needs to strengthen key aspects of
its operations, such as its manufacturing capacity and its
international distribution channels.”
TFS estimates that total expenditure on flood
defences alone in the UK is set to top £400 million by 2023 and
anticipates further increases following recent UK Government
TFS was voted business of the year award in
2012 by the South Wales Evening Post.
Finance Wales’ investment was made from the
Wales JEREMIE Fund. Finance Wales has supported 504
enterprises and invested a total of £120 million through the Wales
JEREMIE Fund since it was launched.